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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Mar 20, 1912
Page
11
Openings on new California uma beans and canned asparagus show higher prices versus last year. Bean production is expected light due to moisture shortages while asparagus canners seek profits. rice and corn products trend higher with potential price records ahead.
Butter steady with creameries at 26 29 cents. eggs firm with 9756 cases and firsts at 19 20 cents. Cheese steady with Daisies and Twins around 18 19 cents. Potatoes firm with $1.13 to $1.16 a cwt. poultry steady turkeys 14 cents, chickens 15 16 cents. 91 eal steady at 50 to 60 pound weights around 7 cents.
Butter Creamery prices listed for firsts seconds and packing stock with 28c 26c 24c and eggs with extras 21c firsts 19c plus 21%%c cents for packing stock noted in Kansas City report.
Eggs weak in New York trading as receipts reach 24,192 cases. Fresh gathered extras sell at 22 to 23 cents, checks 18 to 19 cents, with refined market tones noted by the Associated Press.
In New York on March 20 the Associated Press reports coffee futures closed barely steady with No. 7 Rio at 14 percent. March futures settled at 13.62 percent and July at 13.72 percent.
Raw sugar remained steady with Muscovado 89 test at 3.98 dollars and centrifugal 98 test at 4.48 dollars. Molasses 9 test at 4.73. Refined products quiet. Petroleum and hides and leather prices firm overall.
The Associated Press reports New York on March 20 that cotton goods markets remain firm with steady trading. Prices for lines of men’s wear and dress fabrics are advancing while yarn markets stay firm and stocks remain light.
London reports steady Consols for money at 97 11 16 with 77 13 16 account. Bar silver holds at 25 15 16. Money rates at 3 3 4 percent, short bills 3 8 16, 3 months' bills 39 16.
The Associated Press notes three per cent rentes at 61.5 and 24rem Paris exchange on London at 25 francs 24 centimes for checks. Money market yields a 3% rate and currency values shift amid March activity in Paris.
London officials report 66,000 pounds sterling bullion moved into the Bank of England and 150,000 pounds sterling withdrawn for shipment to ypt.
London quotations show Lead firm at 16 pounds 8s 9d, Spelter weak at 26 pounds, Tin quiet at 191 pounds 5s with futures at 187 pounds 7s 6d.
Jos Landa offers prairie hay alfalfa millet sorghum hay Johnson grass and baled shucks with price quotes. A separate note promotes mixed cars as a specialty and provides contact details including New Phone 1644 Old 3200 at 309 South Salado St I N G Tracks.
Weather data notes at 8 a m with pressure adjustments, isobars and isotherms. Observations list temperature and precipitation readings, wind speed, and condition indicators such as clear or cloudy. The chart mentions missing reports and indicates past 24 hour precipitation beyond .01 inch.
Copper stocks led a buoyant opening with Amalgamated Copper Utah Copper and Anaconda rising substantially. United States Steel and railroad shares also gained as broad demand supported a higher market. Bond prices held steady while speculation widened beyond metals and rails. The session ended buoyant on continued optimism.
The total mineral output of Alaska in 1911 is estimated at 38370000 dollars, compared with 16883678 dollars in 1910. The report highlights growth in mineral production and provides year over year figures for the Alaska economy.
March 20 stock yard report shows light receipts and steady demand for high grade cattle with best cows at 3.75 and calves to 4.75. Hog supply liberal but market remains firm. noon sales largely disposed. Total 1309 head including 76 cattle 28 calves 44 horses 93 hogs 1021 sheep 57 goats.
Fort Worth market notes cattle receipts 2200 head with steers 3.85 to 6.00, cows 3.50 to 6.00, bulls 3.00 to 4.25, calves 4.00 to 7.00. Eggs 100 head 10 cents higher top 7.45, bulk 7.00 to 7.25. Sheep receipts 1500 head with ewes and wethers at 5.75.
Cattle receipts 3000 head with steady to 1 cent higher tone. Native steers 6.00 to 8.25, southerns 5.00 to 7.25, cows 3.25 to 5.60, stockers 4.25 to 6.80, bulls 4.00 to 5.75, calves 4.00 to 8.25. Hogs receipts 6500, market 5 to 10 cents higher. bulk 6.10 to 7.10, heavies 7.05 to 7.15, lights 6.60 to 6.95, pigs 5.00 to 5.75. Sheep receipts 12,000, market 10 cents lower. muttons 4.00 to 6.00, lambs 5.75 to 7.55, wethers 4.50 to 6.25, fed ewes 3.00 to 5.50.
Cattle receipts 2500 head include 400 Texans with a strong market. Native beef steers 5.00 to 8.75, cows and heifers 3.00 to 7.50, stockers 3.75 to 6.25, Texas steers 5.00 to 7.00, calves in carloads 5.00. Hogs receipts 7000 head, market 10 16c higher. pigs and lights 5.00 to 7.35, mixed and butchers 7.15 to 7.35, good heavy 7.20 to 7.35. Sheep receipts 3000 head, market strong. native muttons 4.25 to 6.00, lambs 6.00 to 8.00.
Market reports show receipts of 16 000 cattle 26 000 hogs and 25 000 sheep. Cattle steady to strong with beef and calf prices listed. Hogs slow with slight gains across light mixed and heavy ranges. Sheep price ranges ease 10 20 cents with native western and yearling offerings noted.
Close shows prime mercantile paper at 4.4 percent and sterling at 4.84 15 for sixty days, 4.87 36 for demand. Commercial bill at 4.83 1/2. Mexican dollars 47 cents. Money on call steady at 2 percent. Time loans firm at 3 percent for 60 days and 90 days, 6 months at 3 1/4 percent. Government and railroad bonds firmer.
The Congo river and its tributaries supply almost ten thousand miles of navigable waterways.
Chicago reports bear press from English coal strike settlement hopes and ample Argentine imports. May corn rises on cold weather while wheat weakens on ample world supply. Provisions advance with strong packer buying and higher pork and ribs quotes. Heavy snow in Iowa Illinois triggers corn rally as May closes firm.
Cash grain quotes list wheat corn and oats with bid and offer levels for No 2 red No 2 hard No 3 and white varieties. May July futures given for wheat corn and oats with percentage and cent figures in a concise market update.
Chicago wheat quotes list several grades with bid ranges. No 2 red 101 to 102 1/4 cents, No 2 hard 101 1/4 to 105 cents, No 2 northern 112 to 114 1/2 cents, No 2 northern 107 to 118 cents, other grades including velvet chaff durum and oats quoted within narrow bounds.
ANSAS CITY, March 20. Cash wheat prices listed for No 2 hard 104% 110 cents No 2 red 100 No 2 mixed corn 69% 70 cents No 2 white 704 oats No 2 white 5344 54% No 2 mixed 52% 53% Close: Wheat May 0 East July 92% 92% bid September 90% oc uly 70% ile uly Oats May 84% 55e July 47%o bid
Memphis market report lists prime basis at 4.67 to 4.73 and meal at 26.00 with linters at 24 to 3 percent. Prices shown reflect conditions for cotton seed products on March 20.
AP reports New York cotton seed oil closes strong with contracts from March to October trading up. Prices span March 4 4 and early April around 5.70 to 5.97 per unit, with 19 600 total sales and several lots moved by third to fourth calls.
Market notes from St. Louis dated March 20 show wool prices: medium grades used for combing and clothing 20 percent, light fine 15 1/2 percent, heavy fine 12 1/2 percent, tub washed 27 300 per unit.
New York opened steady with a 7.9 point advance on firmer Liverpool cables and weather worries. The season’s ginning tally of 16,050,000 bales matched forecasts but surprised some buyers. Trading faded to last night’s close, then rallied on weather fears and bull support, with mid-morning gains of 4 to 5 points, London news boosting the tone before late selling trimmed gains.
Cotton futures in New Orleans opened steady with small gains as census figures for 1911 show 16,205,097 bales in 600 pound units, prompting light selling from bears. Prices ended the morning 3 to 5 points higher as weather and a firmer market supported values.
New York March 20 cotton futures opened steady with bids and offers across month contracts. January 10.65 bid, March 10.44 bid, April 10.86 43, May 10.49 650, June 10.65 68, July 10.69 60, August 10.58 59, September 10.58 offered, October 10.63 64, November 10.66 bid, December 10.70 11.
Closing in Liverpool notes fair demand for cotton with prices up 9 points. American middling fair 6.74, good middling 6.36, middling 6.12, receipts 9000 bales including 600 American, sales 8000 bales of which 1000 for speculation and export, 7800 American.
Futures opened steady in Liverpool with March, March-April at 5.87 percent and April-May 5.86 percent. The curve shows varied gains across the year from June-July 6.85 percent to December-January 5.71 percent, ending with February-March 6.72 percent.
Market notes show subdued activity in New York with mild declines and steady volumes in New Orleans, Liverpool, and Houston. Prices for Galveston edges lower amid thin participation while total activity remains limited and scattered across ports.
Spot cotton in Houston on March 20 closed steady with gains for several grades. Prices ranged from 6 5/8 cents for low ordinary to 11 4/8 cents for middling fair, with 1597 bales sold and 6193 bales shipped.
New York March 20 cotton prices firmed five points as the spot market remained quiet. Middling upland quoted at 10.65 cents per pound and middling gulf at 10.90 cents, with sales noted but not detailed.
Memphis spots steady as of March 20 with middling at 19 1 2 cents per pound. No change in prices observed.
Yoakum Texas reports Mesers A Carnes & Son shipped three solid cars of eggs to eastern markets. The firm typically ships two to three cars of eggs per week from this city and area.
New Orleans March 20 Rice stays strong in the Ideal market with clean advancing. Receipts show clean 2,876 rough none sales rough none clean 2410 Honduras at 8 5c 386 Japan at 2 86 16c. Quotations list Rough Honduras 2.50 4.45 Japan 2.50 4.10. Clean Honduras 4% 5% Japan 8% 4%.
In Boston on March 20 prices in the wool market hold firm despite weak weekly business. Leading domestic quotes list Kentucky Indiana Missouri eighths blood at 28 29c, one fourth blood 29c. Scoured Texas fine 6 to 8 months 48c, fine 12 months 53 54c, fine fall 48c.
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